Banking (Foreign Exchange) Regulations (Amendment) (Cth)

Statutory Rules 1984 No. 1111

 

Banking (Foreign Exchange) Regulations2 (Amendment)

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Banking Act 1959.

Dated 8 June 1984.

N. M. STEPHEN

Governor-General

By His Excellency’s Command,

Treasurer

 

Control of purchase

1. Regulation 5 of the Banking (Foreign Exchange) Regulations is amended by omitting from sub-regulation (5) “by the Bank or by an agent of the Bank” and substituting “in accordance with these Regulations”.

False statements

2. Regulation 40 of the Banking (Foreign Exchange) Regulations is amended by omitting paragraphs (b) and (c) and substituting the following paragraphs:

“(a) to any Commonwealth officer;

(b) to any officer of the Bank or of an agent of the Bank;

(c) to any person who is authorized, by a general authority issued under regulation 38A, to engage in foreign currency transactions or to any director, officer, employee or agent of such a person; or”.

NOTES

1. Notified in the Commonwealth of Australia Gazette on 21 June 1984.

2. Statutory Rules 1946 No. 191 as amended by 1947 Nos. 65 and 102; 1948 Nos. 39 and 165; 1950 No. 46; 1952 Nos. 15 and 80; 1953 No. 24; 1954 No. 96; 1960 No. 8; 1965 No. 168; 1967 No. 70; 1970 No. 130; 1973 Nos. 72 and 197; 1974 Nos. 56, 97 and 265; 1975 Nos. 222 and 223; 1978 No. 259.

Printed by Authority by the Commonwealth Government Printer

S.R. 136/84 Cat.